Learn more The Advicer ‘A tax nightmare.’ I’m 42 and inherited my father’s IRA – but I didn’t take RMDs right and now the financial company won’t help me fix it. What do I do?

Using the IRS tool can help, but it won’t answer all your questions. It's best to work with a lawyer in the end.

After losing both her husband and father within two years, Ana turned to spending as a way to cope with overwhelming grief. Travel, shopping, and dining out became temporary comforts — but they also ...

But, because an inherited IRA usually imposes a 10-year distribution schedule, the account may also create larger tax implications than expected. However, exceptions to this timeline are available.

Different beneficiaries have different rules. Spouse beneficiaries will ultimately have much more flexibility with how they utilize an inherited IRA. Spouses can spread withdrawals from the account ...

Roth conversions, especially when combined with smart structuring techniques like this, can be one of the most impactful ...

Inherited IRAs come with complex rules — this is what you must know. Stephen Colbert's 'Late Show' canceled by CBS, ends May ...

A Reddit user inherited $200,000 recently and is trying to figure out how to best use the funds to enable early retirement.

Transitioning the Trust to its own EIN led to a significant tax increase, prompting a full portfolio and tax strategy review.

Your children are too young to legally own real estate in their own names, so some kind of guardian or trustee would need to ...

Roth IRAs can be an attractive addition to your portfolio, but boy, are they surrounded by rules and regulations. It's easy to become confused.

I’m 84 and widowed. My daughter is the beneficiary of my IRA and the successor trustee for my revocable living trust.” ...